Post by
garyreins on Jan 07, 2025 9:36pm
JOKE OF THE CENTURY.
Its rather unfathomable that for 3 years a good number of the REITS I own including D.UN, NWH.UN, TNT.UN, AX.UN are STILL down by more than 50% (artis a bit less now) in this time from those 2021 levels, whilst the others 25% on average.
Many people including Manji has be bought a lot of artis shares and public securities in winter 2023 thinking the fed would begin a hiking campagin to slow inflation down, REITS would correct, and in 1-2 years later they would be on the upswing.
3 years later and this is where we're at. XRE back and its 14.xx handle lows, CPI and inflation watching like a hawk still
someone needs to be held accountable for this mess, but it doesnt matter cause the shorts just keep having fun dropping us with every penny uptick in the treasury